GM President Mark Reuss announces a $2.2 billion investment in the automaker's Detroit-Hamtramck Assembly plant in Michigan for new all-electric trucks and autonomous vehicles on Jan. 27, 2020.Michael Wayland / CNBCDETROIT – General Motors believes it can regain market share in China after hitting a roughly 20-year low last...
Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023.Brandon Bell | Getty ImagesShares of Carvana popped more than 30% during after-hours trading Wednesday after the automaker reported record quarterly results and turned a profit during the first quarter.Here is how the company...
Ford Mustang on display at the NY Auto Show, April 6, 2023.Scott Mlyn | CNBCDEARBORN, Mich. — Ford Motor is launching a new training program for more than 3,000 U.S. franchised dealers on Wednesday that uses artificial intelligence for employee coaching evaluations and emulates Netflix and YouTube interfaces more...
A Brand new Honda Pilot is displayed on the sales lot at Honda Marin on February 06, 2024 in San Rafael, California. Justin Sullivan | Getty ImagesDEROIT – Honda Motor and yet-to-be-named joint venture partners plan to invest $11 billion in Ontario, Canada, to create a "comprehensive EV value...
The Ford display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBCDETROIT — Ford Motor is announcing first-quarter earnings after the markets close Wednesday.Here is what Wall Street expects, based on average analyst estimates compiled by LSEG:Earnings per share: 42 cents adjustedAutomotive revenue: $40.10...
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021.Rebecca Cook | ReutersDETROIT — General Motors is set to report its first-quarter earnings before the bell Tuesday.Wall Street expects General Motors to report solid, if not "resilient," results for the...
Volkswagens are seen in the employee parking lot at the Volkswagen automobile assembly plant on March 20, 2024 in Chattanooga, Tennessee.Elijah Nouvelage | Getty ImagesDETROIT – The United Auto Workers notched a big win this weekend.Volkswagen workers in Chattanooga, Tennessee, overwhelmingly voted in favor of joining the UAW –...
Kelcey Smith displays UAW buttons in Chattanooga, Tennessee on April 10, 2024. Kevin Wurm | The Washington Post | Getty ImagesVolkswagen workers in Chattanooga, Tennessee, have overwhelmingly voted to join the United Auto Workers — marking a major milestone for the union and its first successful organizing drive of an...
Striking United Auto Workers members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan, on Sept. 29, 2023.Rebecca Cook | ReutersDETROIT — Republican governors of six states on Tuesday condemned the United Auto Workers' push to organize automotive factories in the South, warning the union's efforts...
A Volkswagen automobile assembly plant is seen on March 20, 2024 in Chattanooga, Tennessee.Elijah Nouvelage | Getty ImagesDETROIT — Volkswagen workers in Chattanooga, Tennessee, will vote this week on whether to organize with the United Auto Workers in a key test of the union's sway.A victory would give the...